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the people and that is healthy for our economy? i don't. host: your book writes about your poll of eight hours on the senate floor. -- this article writes. guest: the idea of a filibuster is something i support. i disagree strongly with rand paul, but he has the right to filibuster. i believe it that we have to and the absurdity in the seenate where the republicans are demanding a 60 votes on almost every important piece of legislation. if somebody wants to go up and make their point, they should have the right. if they want to go on for two days, do it. but 51 votes to prevail at the end of it. host: republican, florida. caller: thank you for c-span and thank you, senator sanders, for being on here. you spoke of the cayman islands and cutting prices for the cayman islands for people to keep their money there. why is it the smart play for people to keep their money in the cayman islands when that is the smart play? we are 15th in the world for the best place to keep your money. the roads and bridges, we paid 35.9 since per gallon already fo
the people and that is healthy for our economy? i don't. host: your book writes about your poll of eight hours on the senate floor. -- this article writes. guest: the idea of a filibuster is something i support. i disagree strongly with rand paul, but he has the right to filibuster. i believe it that we have to and the absurdity in the seenate where the republicans are demanding a 60 votes on almost every important piece of legislation. if somebody wants to go up and make their point, they...
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Mar 15, 2013
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there seems to be a division between state of the economy, stock markets, and the rest of the economy. host: jacob is creating a lot of interest. let me go back to "the wall street journal," quoting ron johnson -- indicating -- guest: it has been this big divisive issue, democrats want to raise taxes. republicans want them to dick republicans say they just want to freeze taxes for spending. can the democrats did some taxes as part of the deal that the white house accepts? we look at what the senate democrats are putting forth and the house republicans. we welcome carl from jacksonville, texas on the republican line. caller: thank you for taking my call. the thing that bothers me about our government is the lack of transparency. we hear so much about how we are when the cut out all of the loopholes but nothing is ever mentioned. i cannot know if they think we are too stupid to understand what those loopholes would be and what they would mean. it's just really frustrates me. cuts, i thinket it should start with the politicians and let them live in government housing like they expect eve
there seems to be a division between state of the economy, stock markets, and the rest of the economy. host: jacob is creating a lot of interest. let me go back to "the wall street journal," quoting ron johnson -- indicating -- guest: it has been this big divisive issue, democrats want to raise taxes. republicans want them to dick republicans say they just want to freeze taxes for spending. can the democrats did some taxes as part of the deal that the white house accepts? we look at...
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Mar 20, 2013
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why did george bush have a massive experiment in getting rich people back their money only to see the economy falling apart. you're not winning on those issues, oath either, john. >> joan, you're so right. you are better on this than i am normally. equal pay for equal women. your party has been slow on that. >> i agree. i'm following our party. those are the changes that we should be making. here's what the real difference between the two parties in my opinion are. >> okay. >> the republican party has always said we're going to make sure you have opportunity that leads to unlimited success but not guaranteed success. that was the american dream. we've given that up because people say it's not attainable anymore and the democrats are selling we will give you guaranteed success but it's going to be very limited. >> who says that? >> no one guarantees success. >> find -- >> it's the governmental -- >> john, i don't know any democrat who talks like that. >> there's no no one who wants to guarantee success. >> i've never heard that anywhere. >> no, it's all about equal opportunity. we are about gu
why did george bush have a massive experiment in getting rich people back their money only to see the economy falling apart. you're not winning on those issues, oath either, john. >> joan, you're so right. you are better on this than i am normally. equal pay for equal women. your party has been slow on that. >> i agree. i'm following our party. those are the changes that we should be making. here's what the real difference between the two parties in my opinion are. >> okay....
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Mar 15, 2013
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the economy is getting stronger. we'll be right back. up next the question will be are the young gun libertarians taking the leadership role at cpac so far? we're going to talk about that with one under 35 elected leader from florida. stay with us, cpac story very interesting. [ male announcer ] i've seen incredible things. otherworldly things. but there are some things i've never seen before. this ge jet engine can understand 5,000 data samples per second. which is good for business. because planes use less fuel, spend less time on the ground and more time in the air. suddenly, faraway places don't seem so...far away. ♪ impact wool exports from new zealand, textile production in spain, and the use of medical technology in the u.s.? at t. rowe price, we understand the connections of a complex, global economy. it's just one reason over 75% of our mutual funds beat their 10-year lipper average. t. rowe price. invest with confidence. request a prospectus or summary prospectus with investment information, risks, fees and expenses to read a
the economy is getting stronger. we'll be right back. up next the question will be are the young gun libertarians taking the leadership role at cpac so far? we're going to talk about that with one under 35 elected leader from florida. stay with us, cpac story very interesting. [ male announcer ] i've seen incredible things. otherworldly things. but there are some things i've never seen before. this ge jet engine can understand 5,000 data samples per second. which is good for business. because...
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Mar 16, 2013
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after first tackling the economy. he went directly to climate change. >> i urge this congress to get together, pursue a bipartisan marked based solution to climate change like the one john mccain and joe leiberman worked on together a few years ago. but, if congress won't act soon to protect future generations, i will. i will direct -- i will direct my cabinet to come up with executive actions we can take now and in the future to reduce pollution, prepare our communities for the consequences of climate change, and speed the transition to more sustainable sources of energy. >>> it provoked both bouts of hope and angsest disappointment among those fighting to save the plan fret burning to a crisp. there are two very important things a president can do alone without having to go through congress. without having to overcome a certain fill bustener the senate or go through the house. one has gotten a lot of attention. chances are you have already heard about it. it is the approval, the keystone pipeline designed to bring t
after first tackling the economy. he went directly to climate change. >> i urge this congress to get together, pursue a bipartisan marked based solution to climate change like the one john mccain and joe leiberman worked on together a few years ago. but, if congress won't act soon to protect future generations, i will. i will direct -- i will direct my cabinet to come up with executive actions we can take now and in the future to reduce pollution, prepare our communities for the...
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what would that do to the economy? >> i think you cannot get these kind of cuts without -- >> what cuts? i'm talking about freezing -- >> hold on. i know you're a young politician. i like young politicians more than old politicians. but whatever you are, you got to wait. because i let you go. right? let's do that. i think the answer is if you look at taking a big bite out of the jobs in the public sector, and taking away the spending that goes throughout the entire economy, that hurts growth. that's the biggest problem. i think an issue for you is i think it's great to have someone who's 23 out there running. i think that is great in both parties. we have way too many senior citizens making decisions for the rest of us. i'm with that. the question i have for you is, if you're going to go in your district, prince william counties is one of the biggest counties. >> 70,000 federal workers. >> you know where i'm going. that's the debate have. what's the largest employer there? >> 70,000 people. 1 out of every 10 people in
what would that do to the economy? >> i think you cannot get these kind of cuts without -- >> what cuts? i'm talking about freezing -- >> hold on. i know you're a young politician. i like young politicians more than old politicians. but whatever you are, you got to wait. because i let you go. right? let's do that. i think the answer is if you look at taking a big bite out of the jobs in the public sector, and taking away the spending that goes throughout the entire economy,...
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Mar 14, 2013
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but at a minimum, in my judgment, obama care should not be funded and implemented at a time when our economy is gasping for breath. >> in other words, don't get rid of the military. just don't spend a nickel on it. their guy is basically saying in this sort of strange orwellian way, we're going to get rid of it by just not funding it. it's the minimum we can do. that guy has -- well, he's just something else. >> let's make sure that we don't use ted cruz as a barometer for much in washington. he reminds me of the japanese soldier that we found on the philippines years after world war ii ended still in his cave ready to go to war. the courts decided the issue of health care. the election decided the issue of health care. it's the law of the land. and i think it is -- like i said, let's not use him as a barometer on this. because i think the same people in the republican party understand that although they may not like it, it's the law of the land and it's going to move forward. >> steve, where are you on this? do you think it's a settled deal? i think it is. i'd like to think it is. >> it is
but at a minimum, in my judgment, obama care should not be funded and implemented at a time when our economy is gasping for breath. >> in other words, don't get rid of the military. just don't spend a nickel on it. their guy is basically saying in this sort of strange orwellian way, we're going to get rid of it by just not funding it. it's the minimum we can do. that guy has -- well, he's just something else. >> let's make sure that we don't use ted cruz as a barometer for much in...
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Mar 18, 2013
03/13
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but i got news for you as long as you are on a resource-based energy system, or resourced-based economy, you are always at the effect of the limitations on that resource. there is no way around it, you are going to run out of it. and if you go we have 100 years of natural gas. look if it is causing earthquakes to get it out of the ground now, what about the crap gas, if there was an easy flow -- spigot that you stick it in the ground, we would be using that natural gas. we're not. the natural gas boom going on now, involves pumping huge amounts of water in the ground -- >> you are talking about frac-ing. >> hal: yes, and directly causing earth quicks in areas of the country they are not used to. here we are. we arel -- ohio has never done that. in john boehner's direct unfortunately anybody who voted for him the last ten times around you are not thinking about the future you are totally just -- you have hung up on that notion because just outside of his district in lima ohio, there is a factory that is making abrams tanks, and he snuck in $180 million for upgrades to this tank, which is
but i got news for you as long as you are on a resource-based energy system, or resourced-based economy, you are always at the effect of the limitations on that resource. there is no way around it, you are going to run out of it. and if you go we have 100 years of natural gas. look if it is causing earthquakes to get it out of the ground now, what about the crap gas, if there was an easy flow -- spigot that you stick it in the ground, we would be using that natural gas. we're not. the natural...
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the global economy is real. we don't live in a national economy any more. everything you buy, everything you sell, everything you touch it's all impacted by things that are happening halfway around the world. the information age is real. it's made our lives easier. it's allowed you right now to take pictures with your phones and tweet every word i say for or against me. [laughter] it's changed the world and it's made our life easier. it's also changed our economy. you go into a grocery store today and you find machines doing the jobs that people once used to do. you find one person, because of automation, can do the work that five people used to do. it's the world around us that's change. and this is having an impact on our people. on our hardworking people. many have seen the jobs wiped out. jobs they've been doing for 20 years disappeared overnight. many of them -- many of them to things the right way. for example, they pay their mortgages on time. and now when the housing bubble came they were stuck with a bill for bailing out the banks that caused it, f
the global economy is real. we don't live in a national economy any more. everything you buy, everything you sell, everything you touch it's all impacted by things that are happening halfway around the world. the information age is real. it's made our lives easier. it's allowed you right now to take pictures with your phones and tweet every word i say for or against me. [laughter] it's changed the world and it's made our life easier. it's also changed our economy. you go into a grocery store...
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Mar 20, 2013
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i think it's a very strong powerful budget that really focuses on creating jobs and the economy first and managing our debt wisely and responsibly. >>> what will you say in response to the rep criticism and clearly paul ryan's manifesto, when his budget shows the contrast, what do you say to their criticism that you don't resolve the spending cuts, that you don't deal with the debt adequately, just to play devil's advocate for a moment? >> sure. firstly, we do cut spending in our budget, but if you look at the ryan republican budget, it calls itself balanced, but it does it? just a horrendous ways to families across our country, who have been watching their kids go to school and struggle because of the cutbacks there, people who can't get a job today, people who want to have a strong country in the future, know that the investments we make in education and the infrastructure are devastated in the ryan budget, and he makes false promising that could be kept about reducing the tax rates. the only people that are protected in the ryan budget are the wealthiest and the largest corporation
i think it's a very strong powerful budget that really focuses on creating jobs and the economy first and managing our debt wisely and responsibly. >>> what will you say in response to the rep criticism and clearly paul ryan's manifesto, when his budget shows the contrast, what do you say to their criticism that you don't resolve the spending cuts, that you don't deal with the debt adequately, just to play devil's advocate for a moment? >> sure. firstly, we do cut spending in our...
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the economy is based there. if our end goal is to simply better manage the disaster that is the federal government, you can count me out. i'm not signing up for that. i mean, honestly, who do you hear wants to sign up to slow -- to help manage the slow decline of the united states of america? i sure don't. that's what we have democrats for. [applause] >> the democratic party promises to be the party of more, but they're actually the party of less. they're the party of economic contraction. austerity and less for the american economy. the only thing they offer more of is government. the republican party must become the party of more, the party that creates growth. the party that creates more in the real economy. as margaret thatcher famously on served, first you must win the argument, then you can win the election. [applause] >> and by the way, it's time for all of us to remember that we're not in this just to win elections. we are in this to make america the greatest she can be. [applause] >> to make america the
the economy is based there. if our end goal is to simply better manage the disaster that is the federal government, you can count me out. i'm not signing up for that. i mean, honestly, who do you hear wants to sign up to slow -- to help manage the slow decline of the united states of america? i sure don't. that's what we have democrats for. [applause] >> the democratic party promises to be the party of more, but they're actually the party of less. they're the party of economic...
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i'll give you a quick example, our local economy here gained 18 thourgs jobs if the administration would eliminate its ban on coastal virginia energy, here in our district that's being hit so hard by sequestration. our two u.s. senators, both democrats want it. the administration is holding that up. we have got to focus on job creation, that's the first place to go for new revenue. >> i do know that you took a lot of heat from our fellow republicans when you traveled to the newport news shipyard before the sequestesequester, are you about that coming back to bite you? because time and time again, that is a lot of revenue that i cited earlier. people are afraid of,primaried. >> i was raised by an iwo jima marine, he's still doing great, he was my inspiration to run and he taught me to protect my country. i offered the fellow who called me, please relate to the president that i accept with gratitude. we need more communication in washington, not less. it doesn't mean he capitulated, but civility is essential in our republic for us to get things done. it was the right thing to do, and i'm n
i'll give you a quick example, our local economy here gained 18 thourgs jobs if the administration would eliminate its ban on coastal virginia energy, here in our district that's being hit so hard by sequestration. our two u.s. senators, both democrats want it. the administration is holding that up. we have got to focus on job creation, that's the first place to go for new revenue. >> i do know that you took a lot of heat from our fellow republicans when you traveled to the newport news...
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Mar 19, 2013
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seeing the innovation and the success that israel has had in their economy. in short, this is an incredible opportunity to reaffirm our relationship with the israeli people. and also to make sure we can have our president sit down with the prime minister for some important discussions about how to move the peace process forward. and get the two parties back to the discussion table. >> how important is iran when it comes to this visit? obviously president obama has a very ambitious domestic agenda. he wants to see immigration reform, perhaps some gun control measures moving forward. perhaps a big debt deal. all of those things would seem to go to the back burner if there was some sort of engagement in iran. is there any worry amongst house democrats, specifically, that the president could promise here some full-on support for an israeli air strike to iran, that could have dire implications for a domestic agenda here at home. >> we have the closest military intelligence cooperation with israel that we've ever had. you almost don't know where the israeli leaders
seeing the innovation and the success that israel has had in their economy. in short, this is an incredible opportunity to reaffirm our relationship with the israeli people. and also to make sure we can have our president sit down with the prime minister for some important discussions about how to move the peace process forward. and get the two parties back to the discussion table. >> how important is iran when it comes to this visit? obviously president obama has a very ambitious...
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the economy -- our economy is 70% based on consumer spending. american middle class, median family income is down, wages are flat. they're stagnant. people don't have money, they're not spending. we aren't creating jobs. high unemployment. we have to get the economy moving again. we got to get money into people's hands again and look at the massive private debt which is a direct threat to our economy and puts us on a precipice of another depression. this is where the focus ought to be. so whatever was said in 2008 in the campaign, i know about that. i was on the platform with the president, but the situation today is we have an emergency with respect to high unemployment, the american middle class being in a very dangerous position where they just don't have any money. >> alisyn: yes. you're framing it in crisis terms, in terms of the debt, be it federal or personal. what's the answer? >> the answer is to create jobs. that's number one. and then we also have to look at helping people write down their mortgages so we can keep them in their homes.
the economy -- our economy is 70% based on consumer spending. american middle class, median family income is down, wages are flat. they're stagnant. people don't have money, they're not spending. we aren't creating jobs. high unemployment. we have to get the economy moving again. we got to get money into people's hands again and look at the massive private debt which is a direct threat to our economy and puts us on a precipice of another depression. this is where the focus ought to be. so...
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Mar 17, 2013
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we need to focus on the green economy and building up the green economy. in the short-term it creates a lot of jobs and the long-term it addresses the climate crisis. so let me talk a little bit more about that. in terms of the short-term policy, i will mention one other short-term issue which is the federal reserve, that controls the short-term interest rates have have been running what they call a zero interest rate policy now for four years. that is the interest rate at which banks borrow is zero. they get free money and they get as much as they want for free. on top of that actually if they take the money and all they do is bank it at the fed, they get one quarter of 1%. it's not a lot. it's one quarter of 1% but if you could borrow a lot you know and getting back for doing absolutely nothing, that is what they are doing. right now also something that is frustrating to me that is not an talked about enough, commercial banks in the country are sitting on $1.5 trillion in cash, 1.5 trillion to give you some sense of that. the total u.s. gdp is $15 trilli
we need to focus on the green economy and building up the green economy. in the short-term it creates a lot of jobs and the long-term it addresses the climate crisis. so let me talk a little bit more about that. in terms of the short-term policy, i will mention one other short-term issue which is the federal reserve, that controls the short-term interest rates have have been running what they call a zero interest rate policy now for four years. that is the interest rate at which banks borrow is...
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and the other thing that you have not heard a lot about aside from paul ryan's budget plans is the economy. that is so crucial, because i actually believe that that lack of a coherent economic policy is one of the key reason s fs for republican defeat in the presidential elections, and you hear a lot about how they didn't follow the demographic shifts in america, and i believe it is more fundamental to not trickle down the supply-side theories which are clearly broken and not providing answers to the stru structural shifts that are happening and everything else will flow from that, because you can't talk about foreign policy, about how rich is america is going to be and how involved can we be? i hope we hear more about this. >> and we are certainly hearing that out of washington, d.c., right? >> yes, certainly. >> and that is the arc of the moment. when we talk about, this david, the struggle of the old guard and the old message and the new guard and the new message in the republican party, and this is what has been said so far. take a listen. >> the gop of old has grown stale and moss-cov
and the other thing that you have not heard a lot about aside from paul ryan's budget plans is the economy. that is so crucial, because i actually believe that that lack of a coherent economic policy is one of the key reason s fs for republican defeat in the presidential elections, and you hear a lot about how they didn't follow the demographic shifts in america, and i believe it is more fundamental to not trickle down the supply-side theories which are clearly broken and not providing answers...
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i am telling you this economy, the obama economy on its way back. happy. are you ready for this? are you ready, dan? a happy friday. ♪ alleluia. ♪ >> bill: friday march 15th. ♪ alleluia. ♪ >> favorite day around the full court press. it seems like this friday was a long time in coming. i don't know. maybe it's because this week -- this was a 5-day work week for me. >> appear 5-day work week >> bill: i didn't get to take a couple of days off this week. great to see you this friday. thank you for joining us here and being part of the full court press as we come to you live on current tv, as we come to you live on your local progressive talk radio station where you happen to be in this great land of ours, whether it's los angeles or chicago or asheville, north carolina or buffalo, new york or any spot in between or -- and how about madison wisconsin? didn't mean to check over that. a lot of great places. also, coming to you live on sirius xm, this hour only. lots to talk about. a lot that you are going to want to comment on. we will give you a lot of different ways to do it.
i am telling you this economy, the obama economy on its way back. happy. are you ready for this? are you ready, dan? a happy friday. ♪ alleluia. ♪ >> bill: friday march 15th. ♪ alleluia. ♪ >> favorite day around the full court press. it seems like this friday was a long time in coming. i don't know. maybe it's because this week -- this was a 5-day work week for me. >> appear 5-day work week >> bill: i didn't get to take a couple of days off this week. great to...
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Mar 16, 2013
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we need laserlike focus on the economy. we need to analyze every proposal in light of, will this get america back to work? we need to get people working by reducing the government's role in creation of jobs. my state's motto, mountaineers are always free, which is a delicate means to me that we need to limit government and create more workers independence. in west virginia and so many other states, this means treating a level playing field for all businesses, regardless of their union status. west virginia is the perfect ground for our national principles. west virginians are fiscally conservative, we have the best rainy day fund in the nation, but nonetheless, employment has in my state.ed when liberals are the cause of the low economy, they seem to blame conservatives. i don't understand that. in west virginia come our legislature votes every day. i'
we need laserlike focus on the economy. we need to analyze every proposal in light of, will this get america back to work? we need to get people working by reducing the government's role in creation of jobs. my state's motto, mountaineers are always free, which is a delicate means to me that we need to limit government and create more workers independence. in west virginia and so many other states, this means treating a level playing field for all businesses, regardless of their union status....
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Mar 14, 2013
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cutting spending will grow the economy. cutting the rate of growth in spending will create a situation in which our economy will grow. in february of this year, the gao of this answers the question exclusively. they said that there had been over 10 years, reducing the increase in spending by $4 trillion, closed with a balanced budget requires, would increase economic growth. this is what they said real gdp would be lowered in the fourth quarter of 2014. in higher by 1.7% in 2023 then it would be under the current law. what he was saying there is that if we reduce spending by $4 trillion and that over 10 years and balance the budget from this baseline, we would have more growth than if we don't cut that trend. finding that over 10 years, the country will get less growth than if it had not borrowed $870 billion at all. for the last 10 years, we have spent $31 trillion. the next 10 years we are projected to spend $47 billion experts tell us how current baseline debt acts, even with the higher taxes in january, is unsustainable
cutting spending will grow the economy. cutting the rate of growth in spending will create a situation in which our economy will grow. in february of this year, the gao of this answers the question exclusively. they said that there had been over 10 years, reducing the increase in spending by $4 trillion, closed with a balanced budget requires, would increase economic growth. this is what they said real gdp would be lowered in the fourth quarter of 2014. in higher by 1.7% in 2023 then it would...
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rowe price, we understand the connections of a complex, global economy. it's just one reason over 75% of our mutual funds beat their 10-year lipper average. t. rowe price. invest with confidence. request a prospectus or summary prospectus with investment information, risks, fees and expenses to read and consider carefully before investing. it's lots of things. all waking up. connecting to the global phenomenon we call the internet of everything. ♪ it's going to be amazing. and exciting. and maybe, most remarkably, not that far away. we're going to wake the world up. and watch, with eyes wide, as it gets to work. cisco. tomorrow starts here. >>> you're in the situation room. happening now a gop trail blazer has a stunning change of heart about same sex marriage and reveals why in an interview you will see only here on cnn. a freshman democrat get a smackdown from president obama behind closed doors? i'll ask him live this hour. what do hillary clinton and joe biden have to do with the golden girls? we welcome our viewers in the united states and around t
rowe price, we understand the connections of a complex, global economy. it's just one reason over 75% of our mutual funds beat their 10-year lipper average. t. rowe price. invest with confidence. request a prospectus or summary prospectus with investment information, risks, fees and expenses to read and consider carefully before investing. it's lots of things. all waking up. connecting to the global phenomenon we call the internet of everything. ♪ it's going to be amazing. and exciting. and...
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the state of our economy is not good. we know these statistics, but they are worth repeating. 12.3 million still unemployed. one in six americans lives in poverty. that burden falls most heavily on women and their children. there are 48 million americans living on food stamps. we have lost 6.4 million full- time jobs in this country, 8 million americans are working part-time and they would rather work full-time. 10 million americans have dropped out altogether. why? because small business and entrepreneurship is the engine of growth in this american economy. we know, and you will hear inspiring stories from some of our panelists today, every american gets there first chance in a small business. we know that wave after wave of immigrants gets there first hand hold on that first rung of the american ladder by opening a small business. i started out in a little business with nine people. my story is not unique. it is the american story. deli or thes the auto mechanic or it services small business is the engine of growth for
the state of our economy is not good. we know these statistics, but they are worth repeating. 12.3 million still unemployed. one in six americans lives in poverty. that burden falls most heavily on women and their children. there are 48 million americans living on food stamps. we have lost 6.4 million full- time jobs in this country, 8 million americans are working part-time and they would rather work full-time. 10 million americans have dropped out altogether. why? because small business and...
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Mar 14, 2013
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the economy or some facet of it so usually first, and that's the case this month, but coming in second is dissatisfaction with government. it is the highest it has been since late may early june of 1974. the white house has been warning us of ways that the sequestration was going to have an impact on every day american's lives. it seems now that washington insiders are starting to fielt. the "huffington post" reports that senate staffers are complaining that the lines to get into senate buildings are too long. he sent a note out saying that capitol police have to work shorter hours, which means fewer security officers which means they have to close some entrances, and thanks to sequestration there are no longer lines. and he doesn't expect a solution any time soon. we're back after the break. ♪ excellence. >> where ever the story is we will go there to get it. >> we dive deep into the topics that we cover. >> it doesn't get anymore real than this. >> and on the next vanguard: how could kids doing drugs in england be enslaving prostitutes in italy? christof putzel goes around the glob
the economy or some facet of it so usually first, and that's the case this month, but coming in second is dissatisfaction with government. it is the highest it has been since late may early june of 1974. the white house has been warning us of ways that the sequestration was going to have an impact on every day american's lives. it seems now that washington insiders are starting to fielt. the "huffington post" reports that senate staffers are complaining that the lines to get into...
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Mar 16, 2013
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they continued the same slump that had been affecting the british economy since the end of the first world war. they concluded the rational science and society. scientists have far more than any other segment of society. so sooner than most are very aware of nazi germany, beginning with the persecution and dismissal of all scientists. he was involved with many scientists during this time and finding positions for refugees in universities in america. but i think it was far less important than the brilliance, commitment, and pretty fearless. the scientists would who would be involved in this effort, including this year, physics and medicine and what they fundamentally showed is that even in something as uncertain and tradition bound as a scientific thinking it was crucial, the official history of this to the war effort as observed that there was a fundamentally romantic conception of this. even magical thinking. >> there were generals but failed to produce any operational research comparable to the allied development. if they had, they probably would have won the submarine campaign and
they continued the same slump that had been affecting the british economy since the end of the first world war. they concluded the rational science and society. scientists have far more than any other segment of society. so sooner than most are very aware of nazi germany, beginning with the persecution and dismissal of all scientists. he was involved with many scientists during this time and finding positions for refugees in universities in america. but i think it was far less important than...
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Mar 14, 2013
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have always had a mixture of private sector, public sector involvement in order to have a successful economy. look back at the eisenhower years when we built the roads that weave all overthis country, you can go back to the civil war when the transcontinental railroad happened or all of these important public investments that leveraged private investment -- >> that's right. >> so the bottom line is this argument that government never created a job is ridiculously false. darpa, the grant program from the military, which is the government that helped found this thing known as the internet. come on -- i heard the internet started a new jobs. >> al gore started that. >> bill: i want to try to get a word in here now -- [ laughter ] >> it is your show, isn't it? [ laughter ] >> bill: we have to take a little break here, but it's not just the ryan budget there is a competing budget, a budget released by the progressive caucus yesterday, who's co-chair is in studio with us. i want to hear more about that when we come back here on the "full court press." >> announcer: heard around the country, and se
have always had a mixture of private sector, public sector involvement in order to have a successful economy. look back at the eisenhower years when we built the roads that weave all overthis country, you can go back to the civil war when the transcontinental railroad happened or all of these important public investments that leveraged private investment -- >> that's right. >> so the bottom line is this argument that government never created a job is ridiculously false. darpa, the...
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Mar 13, 2013
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it's a means to a healthier economy, a pro-growth society, a pro-growth economy that delivers opportunity. >> bill: president obama is talking with george stephanopolous says, no, no, no, for paul ryan balancing the budget has become more important than doing the right thing for the american people. >> if you look at what paul ryan does to balance the budget it means that you have to voucherize medicare. you have to slash deeply into programs like medicaid. >> bill: jay carney pointed out yesterday in our briefing at the whitehouse that the other thing about the ryan budget is it is all spending cuts, all cut cut, cut, cut, cut. not one freaking penny of new revenue. >> have you looked at the ryan budget? can you find a single item of tax reform, a single loophole closed? $5 trillion, $5 trillion, man. >> that's a lot of money. not one. >> bill: cuts 5 trillion, doesn't add one penny new revenue. it's totally unrealistic. here's what gets me 866-55-press. this just drives me crazy, that paul ryan in this town and maybe around the country, has a reputation, given him by the media of being
it's a means to a healthier economy, a pro-growth society, a pro-growth economy that delivers opportunity. >> bill: president obama is talking with george stephanopolous says, no, no, no, for paul ryan balancing the budget has become more important than doing the right thing for the american people. >> if you look at what paul ryan does to balance the budget it means that you have to voucherize medicare. you have to slash deeply into programs like medicaid. >> bill: jay carney...
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Mar 19, 2013
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meantime, something about our economy does not add up. we all know that. the latest government numbers show consumers spending grew at a strong pace. that's great because consumer spending counts for 70% of the total economic activity. here's the weird part. we're not seeing the expected comparable rise in our paychecks. we're spending more but no making more, and we're not spending more on credit cards. in fact the expert said the payroll tax hike would slow spending. it did not. so what is this? and rick suggests that more americans are taking advantage of the underground economy, earning and spending cash off the books to avoid taxes or other regulations. rich is with us know. the chief been the correspondent for u.s. news and world report. at it the worst kept secret in the nation there is an enormous underground economy where people get paid cash and don't get benefits. it's a cash world. >> some of that is a constant. we know about landscape workers and nannies and illicit operators like drawing dealers and bookies who work in the dark economy. but t
meantime, something about our economy does not add up. we all know that. the latest government numbers show consumers spending grew at a strong pace. that's great because consumer spending counts for 70% of the total economic activity. here's the weird part. we're not seeing the expected comparable rise in our paychecks. we're spending more but no making more, and we're not spending more on credit cards. in fact the expert said the payroll tax hike would slow spending. it did not. so what is...
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Mar 17, 2013
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the best deficit reduction program is a growing economy and strangely if you see the debate washington day very little of it is about economic growth and a lot of it is about what my dad would say it your broccoli, it's about the austerity and the toughness that has to get done. don't get me wrong but it's much easier to get done in the context of high sustained growth where jobs are being created and jobs are of value for people to be able to further their dreams. i have three suggestions that i don't think that partisan. they are not necessarily ideological but if we pause on all the other stuff and there are good things to fight about trust me, that we can get to the point where we have higher sustained growth. one would be to create a patriotic energy prop -- based on innovation and north american resources. second, to reform our immigration system and move it towards something that would be part of the high-growth economic strategy true to our heritage respecting the rule of law, but moving it to the 21st century where our brand which is not around the world would allow high high
the best deficit reduction program is a growing economy and strangely if you see the debate washington day very little of it is about economic growth and a lot of it is about what my dad would say it your broccoli, it's about the austerity and the toughness that has to get done. don't get me wrong but it's much easier to get done in the context of high sustained growth where jobs are being created and jobs are of value for people to be able to further their dreams. i have three suggestions that...
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Mar 13, 2013
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and it hurts the overall economy. 2/3 of our economies consumer spending. you live in michigan -- i don't know if he said you live near the car industry or anything. he could become wealthy as a car industrialist ... employees could buy a car -- unless his employees could buy a car. if you don't pay people the minimum wage at how will share in the growth, the economy won't grow. you talk about waste, fraud, and abuse, and i agree with you about that. of course, the sequester is no way to do it, taking hatchet to the budget without looking at ways we could trim the budget and eliminate duplicative programs. but thank you for your question. host: the president meets with you on thursday. what do you think of the meanings and the way he has been meeting with republicans when it comes to budget and spending issues? guest: when he doesn't meet with people, he is accused of being distant and aloof. when he does meet with us, then he is caving. i know that people in my party become very paranoid and upset -- "oh, he is meeting with those terrible republicans." hos
and it hurts the overall economy. 2/3 of our economies consumer spending. you live in michigan -- i don't know if he said you live near the car industry or anything. he could become wealthy as a car industrialist ... employees could buy a car -- unless his employees could buy a car. if you don't pay people the minimum wage at how will share in the growth, the economy won't grow. you talk about waste, fraud, and abuse, and i agree with you about that. of course, the sequester is no way to do it,...
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Mar 15, 2013
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this index used to be a fairly important measure of the global economy. but too many ships and the only thing the baltic dry index has told us is that it's a real lousy business to be a shipper. had its worst performance in 26 years falling over 41%. thanks to worries about a chinese slowdown as well as an ov oversupply of ships. in fact, when you look at -- sorry. when you look back, the baltic dry index has been in a giant down trend ever since it peaked in may of 2008. the index hit a low of 661 last fall. but i believe we're seeing signs of a bottom in the baltic dry index could at last finally be able to climb. in fact it's already rebounded off its lows. it's up 26% year-to-date. so why do i think it's bottomed? the fact is dry bulk shipping rates simply can't get much lower than where they are now. when rates go this low, they make up a low this level, the ship owners stop taking them on voyages because they don't earn enough to cover the cost of the trip, the hate boat. things are so bad they literally can't get much worse. the dry bulk space goes
this index used to be a fairly important measure of the global economy. but too many ships and the only thing the baltic dry index has told us is that it's a real lousy business to be a shipper. had its worst performance in 26 years falling over 41%. thanks to worries about a chinese slowdown as well as an ov oversupply of ships. in fact, when you look at -- sorry. when you look back, the baltic dry index has been in a giant down trend ever since it peaked in may of 2008. the index hit a low of...
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economy. the gas prices have spiked. the u.s. consumer price index up .7 of a percent. this is the highest level that we've seen in gas prices in more than three years. so a really big jump we have watched. think about the impact on that on people's pockets. the money going into the gas tank and not going other places, that is the biggest jump we've seen in three years. bill: four bucks plus in new york. martha: yeah. bill: so the wife of a jailed american pastor in iran heading to the hill today. this is the first hearing we will see on this topic. the wife of said abedini will testify in front of a house hearing. she hopes the obama administration will put more pressure on iran for holding her husband. he is being held for practicing his faith in that country. we have the chair of the u.s. commission on international religious freedom. she is set to testify at the hearing today. doctor, we're honored to have you on today and good morning. >> thanks, i'm delighted. bill: what could come from this hearing do you think? >> well, congressional hearings have the ability to
economy. the gas prices have spiked. the u.s. consumer price index up .7 of a percent. this is the highest level that we've seen in gas prices in more than three years. so a really big jump we have watched. think about the impact on that on people's pockets. the money going into the gas tank and not going other places, that is the biggest jump we've seen in three years. bill: four bucks plus in new york. martha: yeah. bill: so the wife of a jailed american pastor in iran heading to the hill...
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Mar 16, 2013
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reporter: enrollment at community colleges spiked during the recession, now it's beginning to fall as the economy improves, but tuition at four-year colleges is rising. the job market is still struggling and student loan debt is skyrocketing. >> and attending a community college and getting an associate's degree is a more practical decision. >> reporter: start at a community college if you're trying to trim costs. >> where you went to school matters less and less. what matters more and more is what you take. >> reporter: second, learn a practical indemand skill like computer science. and finally, see if your employer will chip in. >> that was essential to help me finishing my bachelors. >> so is america on the verge of an economic renaissance? catch ali velshi and me right back here at 1:00 p.m. eastern on "your money," "cnn saturday morning" continues right now. >>> good saturday morning to you, great to see you, i'm susan hendricks in today for randi kaye. 10:00 on the east coast. >>> we begin right outside washington this morning where conservatives are gathered to set their course for the fut
reporter: enrollment at community colleges spiked during the recession, now it's beginning to fall as the economy improves, but tuition at four-year colleges is rising. the job market is still struggling and student loan debt is skyrocketing. >> and attending a community college and getting an associate's degree is a more practical decision. >> reporter: start at a community college if you're trying to trim costs. >> where you went to school matters less and less. what matters...
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Mar 21, 2013
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. >> hal: salt being specific, but spices being something you can grow, they were a resourced based economy point, but you could create your own. the frozen concentrated orange juice, big factor in our stock market. the futures were so big that they were actually a plot point in trading -- >> i was going to say that's the best way anyone would know that -- >> hal: exactly. commodities. but the things that have been done in just getting chocolate out of south america, and that's just something people want not something that people need. oil when you are sitting on something that people need you create a power for yourself that is almost religious. because we go over here much like an atheist goes you don't have the window to god, a scientist can go oil isn't the only way, we have sun, hydrogenhydrogen wind power -- >> and everything is boiling down, all of the political parties, all of the religious beliefs are breaking down to someone found the da vinci code and makes a honey trap for that personal type. >> hal: right. >> the glen becks of the world have made a honey trap for people like gl
. >> hal: salt being specific, but spices being something you can grow, they were a resourced based economy point, but you could create your own. the frozen concentrated orange juice, big factor in our stock market. the futures were so big that they were actually a plot point in trading -- >> i was going to say that's the best way anyone would know that -- >> hal: exactly. commodities. but the things that have been done in just getting chocolate out of south america, and...
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Mar 15, 2013
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it's hard to tell the story that particularly know what the economy economy looks like now and knowing, see what rapid wage growth. so we are looking at a situation where the people we can see retiring for the near future look like they're not going to have a lot of money. i do want to remind, i don't talk about defined benefit pension. we know it is disappearing rapidly. that many people in these age groups are going to see defined benefit pension plans. so this does include the find benefit pension but that's not like this is a factor for these people. now a little bit about the cpi and again some of this has been touched on. the elderly index as window shows a high rate of inflation due to health care in housing, it's important to keep in mind that the health care component is measuring the increased in the same set of health care services. so if people are getting more services through time and one reason they get more services through times of older people need more services in general. that's going to be an additional cost. that's not picked up even in the elderly cpi. that's an
it's hard to tell the story that particularly know what the economy economy looks like now and knowing, see what rapid wage growth. so we are looking at a situation where the people we can see retiring for the near future look like they're not going to have a lot of money. i do want to remind, i don't talk about defined benefit pension. we know it is disappearing rapidly. that many people in these age groups are going to see defined benefit pension plans. so this does include the find benefit...
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Mar 13, 2013
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i'm sure it will be fine >> the sequester could devastate our economy. >> fewer f.b.i. agents kids kicked out of child care program >> fewer air traffic controllers. nearly $4 million could be slashed to provide males for needy shortages. in texas nearly 10,000 fewer children will receive vaccines for diseases like whooping cough and the flu. >> jon: holy [bleep]. we're doomed. we're going to have to get jobs feeding sick children to old people. why did i only buy the hat? (crying) please tell me there's still time to fix things. >> this is the final countdown. we are just four days from the sequester deadline. >> jon: four days. that's not enough time to do anything. can't even tow a cruiseship of diarrhea to alabama in four days. are they at least working hard on fixing this some >> lawmakers left town for a week-long recess >> president obama played golf with tiger woods in florida last weekend sniem i'm sure tiger woods has a lot of sequester advice. "i don't know, mr. president. did you ever try hitting it with a club?" i don't know. for more on the sequester we go
i'm sure it will be fine >> the sequester could devastate our economy. >> fewer f.b.i. agents kids kicked out of child care program >> fewer air traffic controllers. nearly $4 million could be slashed to provide males for needy shortages. in texas nearly 10,000 fewer children will receive vaccines for diseases like whooping cough and the flu. >> jon: holy [bleep]. we're doomed. we're going to have to get jobs feeding sick children to old people. why did i only buy the...
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Mar 19, 2013
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as i said earlier, i firmly believe that this is going to hurt the economy, an economy that is struggling to really get a foothold and showing signs of life. absolutely the worst time to set one of these fiscal time bombs. >> i would like to react to that. and maybe i will. i just want to read this from the marines. saying this exercise, for example, was planned well in advance, had nothing to do with the budget cuts. this is from the marines. there were no corners cut, and if they couldn't afford to have all the safety precautions into place, they wouldn't do the exercise, okay? and this was reported by nbc's jim miklaszewski. this is insanity. to have marines having make that kind of statement. and this damages national security and mar morale, too. >> it does and not even overplaying the hand, just a gross indecency. back to jerryd's point on the sequester, where does the $44 billion in cash come from, larry? it comes from we the people, either through taxing, borrowing, printing of money, which is another form of taxation. it's not from heaven that it's being done -- >> i think budget
as i said earlier, i firmly believe that this is going to hurt the economy, an economy that is struggling to really get a foothold and showing signs of life. absolutely the worst time to set one of these fiscal time bombs. >> i would like to react to that. and maybe i will. i just want to read this from the marines. saying this exercise, for example, was planned well in advance, had nothing to do with the budget cuts. this is from the marines. there were no corners cut, and if they...
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Mar 21, 2013
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for the economy. but to get devote, my senior senator and friend has asked me about the sequester in virginia. and, mr. president, as some of you might know, i took the floor for my maiden speech on this topic last month a little bit earlier than i would have wished to have talked as a freshman senator but with the specter of sequester having such a significant effect on the commonwealth of virginia, i -- i just felt like i couldn't be silent about it. and i have a senate colleague here from hawaii, senator hirono, who i know feels equally strongly about this issue. i took a tour throughout virginia in the middle of february that was designed before sequester was looming to talk to people who were affected about especially in the armed services area and he heard their stories, senator -- and i heard their stories, senator warner, about sequester and the anxieties and threats that it posed. beginning in early april, 90,000 -- 90,000 -- civilian d.o.d. employees will start to be furloughed, just in the
for the economy. but to get devote, my senior senator and friend has asked me about the sequester in virginia. and, mr. president, as some of you might know, i took the floor for my maiden speech on this topic last month a little bit earlier than i would have wished to have talked as a freshman senator but with the specter of sequester having such a significant effect on the commonwealth of virginia, i -- i just felt like i couldn't be silent about it. and i have a senate colleague here from...
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Mar 16, 2013
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you keep hearing the economy is ready to take off. if we can get the government out of the way for a couple years we can get some really nice growth and that will change things up and i think they are sceeding in denuclearizing our conflicts. no fiscal cliffs, no debt defaults. let the economy grow for a change. >> woodruff: what are you hearing. >> the government has to get out of the way, i love that. that's a great one after what we've been through in this country with absolutely no control. and we just learned again this week that the bank's too big to fail, too big to be reprimanded, controlled by the federal government. but i'd say this, judy. there's an old line in politics you dance with the girl who -- barack obama didn't do that. for the past seven years he's gone into hundreds if not thousands of rooms, people with large egos, people with great accomplishments, people who are great skeptical toward him and he went in and he charmed them to the point not only they supported him they wrote checks for him. he comes to washingt
you keep hearing the economy is ready to take off. if we can get the government out of the way for a couple years we can get some really nice growth and that will change things up and i think they are sceeding in denuclearizing our conflicts. no fiscal cliffs, no debt defaults. let the economy grow for a change. >> woodruff: what are you hearing. >> the government has to get out of the way, i love that. that's a great one after what we've been through in this country with absolutely...
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we need to focus our efforts to grow the american economy, not the government economy. [applause] this is the most important point i want to make today. if you take nothing else away from what i have to say today, please understand this. we must not become the party of austerity. we must become the party of growth. [applause] of course, we know the government is out of control. we just lost an election. we must not continue to fight on our opponents terms. the republican party must become the party of growth. it is not based in washington, d.c. [applause] we have fallen into a trap of believing the world revolves around washington, that the economy is based there. if our goal is to simply better manage the disaster that is the federal government, you can count me out. i am not sign -- signing up for that. honestly, who of you here wants to sign up to help manage the slow decline of the united states of america? i sure don't. not -- that is what we have democrats for. [applause] party promises to be the party of more, but they are actually the party of less. they are the
we need to focus our efforts to grow the american economy, not the government economy. [applause] this is the most important point i want to make today. if you take nothing else away from what i have to say today, please understand this. we must not become the party of austerity. we must become the party of growth. [applause] of course, we know the government is out of control. we just lost an election. we must not continue to fight on our opponents terms. the republican party must become the...
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Mar 16, 2013
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one thing he benefited from is a soaring economy. you can't overstate how much that brings in all the tax revenue without having to make major changes to the tax code to do something the president hasn't benefited from. a soaring economy can reduce the deficit. >> host: the distance between the parties on the budget. we are detected a sequestration, but they point out for additional spending cut under the democratic plan there are none. a series of spending cuts on interest rates at $1.8 trillion in savings from repealing the health care law. democrats proposing $100 billion in new stimulus spending. republicans propose no new spending. democrats raising $975 billion annual revenue. no tax increase among republicans and then social security. no changes on social security. require the president and congress to submit plans to increase the trust fund. >> guest: social security is one of those things it has enough money in its reserves to continue paying full benefits through 2036. 10,000 people turning 65 every day in the number of peo
one thing he benefited from is a soaring economy. you can't overstate how much that brings in all the tax revenue without having to make major changes to the tax code to do something the president hasn't benefited from. a soaring economy can reduce the deficit. >> host: the distance between the parties on the budget. we are detected a sequestration, but they point out for additional spending cut under the democratic plan there are none. a series of spending cuts on interest rates at $1.8...
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Mar 17, 2013
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rowe price, we understand the connections of a complex, global economy. it's just one reason over 75% of our mutual funds beat their 10-year lipper average. t. rowe price. invest with confidence. request a prospectus or summary prospectus with investment information, risks, fees and expenses to read and consider carefully before investing. with investment information, risks, fees and expenses (music throughout) why turbo? trust us. it's just better to be in front. the sonata turbo. from hyundai. by earning a degree in the field maof counseling or psychologyth from capella university, health. you'll have the knowledge to make a difference in the lives of others. let's get started at capella.edu. will restore even skin tone? think again. introducing olay professional even skin tone. developed by experts in skin genomics to target 5 major causes of uneven skin tone and help restore even color. olay professional even skin tone. challenge that with olay facial hair removal duos for fine or coarse hair. first a pre-treatment balm then the effective cream. for g
rowe price, we understand the connections of a complex, global economy. it's just one reason over 75% of our mutual funds beat their 10-year lipper average. t. rowe price. invest with confidence. request a prospectus or summary prospectus with investment information, risks, fees and expenses to read and consider carefully before investing. with investment information, risks, fees and expenses (music throughout) why turbo? trust us. it's just better to be in front. the sonata turbo. from...
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Mar 17, 2013
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losing their jobs and worrying about what they actually did, realizing that we had become a huge service economy, but, you know, the united states used to be a country that could make things, and did we make anything anymore? i learned in my research, in fact, that the united states still is a huge manufacturer. most of the things that we make are very high-end, you know, electronics items. the difference is, of course, these days we just don't need as many people to make all of those things. but we certainly are still a manufacturing hub and, in fact, there's been a trend even since i started working on the book of a lot of big companies like google and apple trying to manufacture some of their devices on american shores again. so, um, is so that turned out to be a little bit of a misnomer. um, i tried to sort of boil down what tinkering meant in terms of putting the book together but also just to sort of think about whether we as a cup had lost this -- as a country had lost this tinkering spirit or whether it -- whoops, will we go -- or whether it was something that just sort of needed to be r
losing their jobs and worrying about what they actually did, realizing that we had become a huge service economy, but, you know, the united states used to be a country that could make things, and did we make anything anymore? i learned in my research, in fact, that the united states still is a huge manufacturer. most of the things that we make are very high-end, you know, electronics items. the difference is, of course, these days we just don't need as many people to make all of those things....
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Mar 20, 2013
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it also will help grow our economy and create jobs. our plan is a plan to grow the economy. what we are seeing on the other side from the senate by the democrats is a plan that is going to grow one thing, that is the national debt. at a time when many seniors are worried about their benefits and we see many young people that are having trouble finding jobs after they graduate from college, ours is a plan that will give them the certainty, that will help them find those jobs, because it will help grow the economy. what we need from the president, what we need from senate democrats is a plan to join us in this effort to help improve the lives of americans all across this country. inas one of the few cpa's this town, you'll be hard- pressed to find a bigger tax, budget, or economic geek than me. there is nothing i enjoy more than having a discussion about debt to equity ratios and allocations and the difference between getting to primary balance as opposed to actually balancing the budget. i have been told that normal people do not enjoy those discussions. i can tell you one th
it also will help grow our economy and create jobs. our plan is a plan to grow the economy. what we are seeing on the other side from the senate by the democrats is a plan that is going to grow one thing, that is the national debt. at a time when many seniors are worried about their benefits and we see many young people that are having trouble finding jobs after they graduate from college, ours is a plan that will give them the certainty, that will help them find those jobs, because it will...
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Mar 17, 2013
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in the economy. and if i could get in a quick advertisement, about a month from now in this same place we're going to have another book event on a book written by a friend of mine, brendan brown, entitled "the global curse of the federal reserve." so if this is interesting to you, come back for our next, our next book event. um -- [laughter] all right. let me, as we go to your questions remind you of aei rules. please wait for the microphone so we get you properly recorded and people can hear you. tell us your name and your affiliation and then ask your question. if you sneakily put a statement first in the form of a question, that's okay as long as it's brief. and if it isn't, the chair will remind you that your statement time is over. okay. questions? we have one here. up here in front. >> good afternoon. my name -- [inaudible] i have a question, and that is to mr. wallison. that has to do with it's one thing to say i told you so after the fact, and i realize that you've been writing all along and
in the economy. and if i could get in a quick advertisement, about a month from now in this same place we're going to have another book event on a book written by a friend of mine, brendan brown, entitled "the global curse of the federal reserve." so if this is interesting to you, come back for our next, our next book event. um -- [laughter] all right. let me, as we go to your questions remind you of aei rules. please wait for the microphone so we get you properly recorded and people...
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Mar 20, 2013
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the weakness of the economy. and those that are still employed, if they have a lack of certainty, feel that their job could be at risk or their hours could be a risk, that will make them less likely to want to buy a home. these are all contributing factors. there is perhaps the natural readjustment. we reached home ownership rate above all we have ever seen before. above some concept of the natural rate. one might expect to see a modest decline. >> thank you and your back the balance my time. >> thank you. >> thank you. >> thank you, mr. chairman. >> a very narrow conversation. >> the mortgage-backed security actually guaranteeing in return which is essentially what happens now. unlike anything else, if you go to fund its 100% guaranteed. see you see anything wrong with someone saying and no one going to get my money because it is guaranteed by the federal permit . >> i do. i think that the basic risk of the taxpayer guaranteeing most toro the mortgages, loyal as we are, your going to reliance on government agent
the weakness of the economy. and those that are still employed, if they have a lack of certainty, feel that their job could be at risk or their hours could be a risk, that will make them less likely to want to buy a home. these are all contributing factors. there is perhaps the natural readjustment. we reached home ownership rate above all we have ever seen before. above some concept of the natural rate. one might expect to see a modest decline. >> thank you and your back the balance my...
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Mar 16, 2013
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will rebuild the spirit to make our entitlement system secure and jumpstart our economy in a way that will create an uplifting of our hopes and dreams and also directly impact and immediately impact economic growth. >> former florida governor jeb bush on immigration warrants. part of booktv this weekend on c-span2. up next, alec foege talks about modern-day thomas edison and ben franklin. his book is "the inventor and the tycoon: a gilded age murder and the birth of moving pictures." this is is about 50 minutes. >> i hope i can live up to the introduction. i would like to say it is such a privilege to give a talk about my book. the westport library has been a real innovator in terms of agreeing it was just sort of a coincidence that brought us together thank you to bill for helping make this all happen. as was mentioned in the introduction, my book is -- it is partially about what is going on in tinkering right now in the contemporary world. but it also touches on history. but more specifically talks about what the ideas behind being a tinkerer on her. and what is it tinkerer? and how
will rebuild the spirit to make our entitlement system secure and jumpstart our economy in a way that will create an uplifting of our hopes and dreams and also directly impact and immediately impact economic growth. >> former florida governor jeb bush on immigration warrants. part of booktv this weekend on c-span2. up next, alec foege talks about modern-day thomas edison and ben franklin. his book is "the inventor and the tycoon: a gilded age murder and the birth of moving...